ENQUIRER EXCLUSIVE: Ending tax break urged to fix shortages in fund

11:34 PM,
Nov. 19, 2012

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The fund that pays for Hamilton County's two professional sports stadiums is $7 million short next year, putting in jeopardy a property tax credit that's paid from the fund.

In a memo to commissioners dated Nov. 16, Hamilton County Administrator Christian Sigman recommended ending the property tax rollback - not just a partial rollback for one year as was done in 2011 - but forever.

"This will allow the fund to remain systemically balanced for the life of the outstanding bonds," Sigman wrote. Voters in 1996 approved a half-cent sales tax to build Paul Brown Stadium and Great American Ball ...